Robbins & Myers Beats Analyst Estimates on EPS
Robbins & Myers (NYS: RBN) reported earnings on Jan. 6. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Nov. 30 (Q1), Robbins & Myers missed on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue increased significantly, and earnings per share grew significantly.
Margins increased across the board.
Robbins & Myers logged revenue of $237 million. The nine analysts polled by S&P Capital IQ looked for revenue of $243 million. Sales were 69% higher than the prior-year quarter's $164 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions.
EPS came in at $0.77. The nine earnings estimates compiled by S&P Capital IQ anticipated $0.68 per share. GAAP EPS of $0.77 for Q1 were 74% higher than the prior-year quarter's $0.44 per share.
Source: S&P Capital IQ. Quarterly periods. Figures may be non-GAAP to maintain comparability with estimates.
For the quarter, gross margin was 40.3%, 240 basis points better than the prior-year quarter. Operating margin was 22.2%, 510 basis points better than the prior-year quarter. Net margin was 14.9%, 450 basis points better than the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods.
What does the future hold?
Next quarter's average estimate for revenue is $247 million. On the bottom line, the average EPS estimate is $0.73.
Next year's average estimate for revenue is $1.0 billion. The average EPS estimate is $3.09.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 194 members out of 202 rating the stock outperform, and eight members rating it underperform. Among 58 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 55 give Robbins & Myers a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Robbins & Myers is buy, with an average price target of $53.67.
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At the time this article was published Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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